Lord Dave's $100 Account

[lorddave]

Inspired by Sooner's thread I will start to post my results.
Broker: Go Markets (Aussie broker!)
Pairs: EURCHF EURGBP
LRR: 10% EURCHF 20% EURGBP
MM: True
SHF: True

My Account was opened on the 15/12/08, $100 AUD transferred that night and I am just waiting for the cash to hit my account. Scalper is primed and ready to go on all 3 pairs as soon as money hits the account!

DAY 1: 18/12/08
Currently running version 23.
Starting Balance - $100
Ending Balance - $103.56
Winning Trades - 9
Losing Trades - 2
BE Trades - 0
Daily Profit = $3.56
Profit to Date = 3.56%

Both losing trades were on USDCAD, one for $6.88 the other for $.47. Would've been a nice profit today otherwise...

DAY 2: 19/12/08
Currently running version 23.
Starting Balance - $103.56
Ending Balance - $104.87
Winning Trades - 1
Losing Trades - 0
BE Trades - 0
Daily Profit = $1.31
Profit to Date = 4.87%

I removed USDCAD today, and even with low spreads there was only a single trade on EURGBP... At least it was profitable.

DAY 3: 23/12/08
Currently running version 23.
Starting Balance - $104.87
Ending Balance - $117.03
Winning Trades - 9
Losing Trades - 2
BE Trades - 0
Daily Profit = $12.16
Profit to Date = 17.03%

DAY 4: 24/12/08
Currently running version 23.
Starting Balance - $117.03
Ending Balance - $118.97
Winning Trades - 2
Losing Trades - 1
BE Trades - 0
Daily Profit = $1.94
Profit to Date = 18.97%

DAY 5: 31/12/08
Currently running version 23.
Starting Balance - $118.97
Ending Balance - $125.12
Winning Trades - 6
Losing Trades - 1
BE Trades - 0
Daily Profit = $6.15
Profit to Date = 25.12%

[lorddave]

Spoke to Go Markets today, looks like my bank stuffed up the transfer and they didn't have my account number attached to it. All fixed now, they have deposited the $100 into my account and changed the Leverage from 100:1 to 200:1.
I'm all primed and ready to go with tomorrows trading session!

[limitup]

Spoke to Go Markets today, looks like my bank stuffed up the transfer and they didn't have my account number attached to it. All fixed now, they have deposited the $100 into my account and changed the Leverage from 100:1 to 200:1.
I'm all primed and ready to go with tomorrows trading session!

Since you changed you leverage...your key may not work now....get in line:rolleyes:

[lorddave]

BAH! You are right, it shafted me... I'll see if I can get the leverage swapped back and make it work...

[lorddave]

Got my broker to revert my account to 100:1 and FAPTurbo is now working properly again. I may switch it over in future but for now, screw it, I just want to start making money again.

[crushbeat]

hi lorddave,

how is GOmarkets? i saw the spread is not getting wider.. it's fixed..
am i right?

thanks

[lorddave]

Thats right mate,
Spreads did not move AT ALL during the Scalpers session... very nice :)

[crushbeat]

so how is the trade?

is it going nicely?

thanks

[lorddave]

Will be upping the risk on EURGBP to 20% tomorrow, don't think it will increase lot size tho as my account is still underfunded...

[lorddave]

GoMarkets Live 0.1 lots FAPT v 23

EURCHF SELL 23:01 1.5248 Closed +6 pips
EURCHF SELL 23:29 1.5258 Closed +6 pips
EURCHF SELL 23:31 1.5253 Closed +5 pips
EURCHF SELL 00:00 1.5257 Closed +6 pips
EURGBP SELL 00:14 .9441 Closed +12 pips (Closed within a minute!)
EURCHF SELL 00:13 1.5256 Closed +14 pips
EURCHF BUY 00:28 1.5222 Closed +2 pips
EURCHF SELL 00:29 1.5257 Closed +21 pips
EURCHF BUY 00:29 1.5236 Closed +20 pips
EURGBP SELL 02:08 .9421 Closed -4 pips
EURCHF SELL 02:15 1.5272 Closed -2 pips
I accidently closed down MT when I was connected via VNC, so I missed out on 1.5 hours of good trading :( and those 2 negatives I just left open (even when they had swung close to their SL's) and they came out for minute losses, shame that they didnt hang around for profit! Ah well, hindsight is 20/20!

[lorddave]

GoMarkets Live 0.1 lots FAPT v 23
Trades for the 24th

EURCHF SELL 23:02 1.5193 Closed +6 pips
EURCHF BUY 23:17 1.5181 Closed -4 pips many hours later!
EURGBP SELL 00:47 0.9462 Closed +7 pips

[skordo000]

hi lordDave,
I'm new to this forum but find it very interesting and helpful. I am on the brink of purchasing FapTurbo and wanted to ask you what changes you made to the default settings of the installation. It sounds like what I am interested in setting when I start to demo and then go live. Any help would be welcome. Thanks in advance.
Paul

[lorddave]

Hi Skordo, I am only using the scalper side of the EA, and all my settings are default except for the ones that I have posted in the first post of this thread :)

[skordo000]

Thanks lordDave,
I will follow your lead. Also, you didn't like the usdcad? Does it seem to be working better without that pair? What is the amount of profit so far?
On a different note, my stepfather's brother lives in Melbourne, totally loves it! Hope to get there some day.
Paul

[lorddave]

USDCAD just lost me money, and glad I removed it I heard it lost more then next day as well!. As for profit... its right there in the first post!

[lorddave]

I rebooted my computer, and my live account is set to automatically open.... So it looks like im trading today, against my own better judgement.

23:07 EURCHF BUY 1.4890 Closed +7 pips
23:07 EURGBP BUY .9750 Closed +6 pips
23:34 EURCHF SELL 1.4897 Closed +7 pips
23:48 EURGBP SELL .9765 Closed +6 pips
00:09 EURGBP SELL .9769 Closed -1 pip
01:02 EURCHF SELL 1.4912 Closed +5 pips
01:32 EURCHF SELL 1.4919 Closed +11 pips

Total for the day = 42 Pips!

I guess it was a good thing I traded after all!

-LD

[bill2000]

Hi lordDave, thx for all the info. Just to make sure, what's the GMT offset for your broker?

[lorddave]

GMT offset is +2

[zynizen]

So your spreads are good considering all brokers are upping them to around 6 - 8 for these pairs? what are your spreads at and has GoMarkets mentioned anything about widening the spreads as of late? thanks

[dA_tRuTh]

What!! ... 6-8 pips spreads on EURGBP and EURCHF that is just nuts!!!

you guys should go with FXOpen (http://www.fxopenaccount.info) 3 pip fixed spreads on these pairs, and 2 pips on EURUSD and 4 pips on USDCAD ... the only pair that FAPT trades with high spreads is GBPCHF with 7 pips...

[Harre]

...you guys should go with FXOpen (http://www.fxopenaccount.info) 3 pip fixed spreads on these pairs...

Or maybe we shouldn't... http://www.forexfactory.com/showthread.php?t=50202 One of a gazillion threads complaining that they can't get cash out, can't close trades etc etc.
Non regulated broker based in Indonesia where you can buy a cop or a judge for a cup of Starbucks and a muffin.